Over the next two years, annuity sales will be over $700 billion, compared to $385 billion in 2023. What’s the appeal of these contract investments and why do many people seem to be so interested in them suddenly? Annuities might be a viable option for those looking to boost their retirement funds or have a consistent payout each month, but when comparing them against more traditional, diversified portfolios, are the risks of annuities worth it?
CWA Planner Angie Svitak joins the guys to explain annuities, some risks of these contracts, and whether the profits have the potential to outweigh the negatives.
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